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4-bed · 2,562 sqftThe Springs 15, The Springs · completed 2004

S03/TH07, The Springs 15

Sold prices and rental history: sold 5 times, last in January 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH07 · DLD and Ejari recordsUpdated 4 January 2022
Last soldAED 3.1M4 January 2022
Current rentAED 200K /yr7 April 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH07, The Springs 15

What is S03/TH07 worth today?

Last sold for AED 3,100,000 in 2022

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4 Jan 2022SoldReady
AED 3,100,000AED 1,210 per sqft
23 Jan 2017SoldReady
AED 2,900,000AED 1,132 per sqft
7 Apr 2016RentedRenewal
AED 200,000/yr12 months · AED 78 per sqft
7 Apr 2015RentedRenewal
AED 200,000/yr12 months · AED 78 per sqft
7 Apr 2014RentedNew contract
AED 200,000/yr12 months · AED 78 per sqft
17 Feb 2014SoldReady
AED 3,850,000AED 1,502 per sqft
22 Nov 2012RentedNew contract
AED 180,000/yr12 months · AED 70 per sqft
5 Nov 2012SoldReady
AED 2,550,000AED 995 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 January 2022.

Key facts

Type
4-bed villa
Size
2,562 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,500 /yr
Last sold
AED 3.1M · January 2022
Community
The Springs 15

About S03/TH07, The Springs 15

S03/TH07 is a four-bedroom villa of 2,562 sqft in The Springs 15, a villa community in The Springs completed in 2004 by Emaar. It last sold on 4 January 2022 for AED 3,100,000, or AED 1,210 per sqft, 10% above the AED 1,098 four-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, renewed on 7 April 2016, is AED 200,000 a year: a gross yield of 6.5% on the 2022 price, before the service charge of about AED 5,500 a year.

Sales and rents for S03/TH07 over time

Sales
Villa S03/TH07, each saleTypical four-bed in The Springs 15
2M4M2007201220172022Typical sale price by year: 2007 AED 806,888; 2008 AED 1,400,000; 2009 AED 1,280,000; 2010 AED 827,888; 2011 AED 1,165,000; 2012 AED 2,518,750; 2013 AED 3,045,000; 2014 AED 3,750,000; 2015 AED 3,250,000; 2019 AED 1,845,000; 2021 AED 2,750,000; 2022 AED 3,700,000; 2023 AED 3,800,000Sold by developer, December 2007: AED 2,634,146 (AED 1,028 per sqft)Sold, November 2012: AED 2,550,000 (AED 995 per sqft)Sold, February 2014: AED 3,850,000 (AED 1,502 per sqft)Sold, January 2017: AED 2,900,000 (AED 1,132 per sqft)Sold, January 2022: AED 3,100,000 (AED 1,210 per sqft)

S03/TH07 has sold 5 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa S03/TH07, each contractTypical four-bed in The Springs 15
150K200K250K2012201620202024Typical rent by year: 2012 AED 165,000; 2013 AED 170,000; 2014 AED 190,000; 2015 AED 200,000; 2016 AED 190,000; 2017 AED 179,758; 2018 AED 167,420; 2019 AED 160,000; 2020 AED 145,000; 2021 AED 149,171; 2022 AED 150,000; 2023 AED 174,173; 2024 AED 235,000; 2025 AED 247,500New contract, November 2012: AED 180,000 a yearNew contract, April 2014: AED 200,000 a yearRenewal, April 2015: AED 200,000 a yearRenewal, April 2016: AED 200,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the community.

4-beds in The Springs 15, and where S03/TH07 sits

All 66 4-beds →

S03/TH07 last sold in January 2022 at AED 1,210 per sqft, 10% above what four-beds in The Springs 15 were fetching at the time (AED 1,098). S03/TH07's AED 200,000 is at the bottom of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
25 Oct 20233,800,000
4 May 20233,650,000
17 Apr 20234,100,000
15 Aug 20223,800,000
0 4-bed sales in the last 12 months

The Springs 15

Community

475 villas, 2-bed to 4-bed in The Springs, completed in 2004 by Emaar. 4 sold in the last 12 months.

Typical price per sqft
AED 2,132
Typical sale
AED 4.42M
Typical rent
AED 178K /yr
Typical yield
4.3%
The Springs 15, The Springs: prices, sales and rents →

S03/TH07, The Springs 15 in numbers

  • Sold 5 times: first on 26 December 2007 for AED 2,634,146, last on 4 January 2022 for AED 3,100,000 (AED 1,210 per sqft).
  • Rented since November 2012 on 4 Ejari contracts, from AED 180,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2022 price is 6.5%, before a service charge of about AED 5,500 a year (AED 2.13 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 4 January 2022.

Questions about S03/TH07, The Springs 15

What did villa S03/TH07 last sell for?

AED 3,100,000 on 4 January 2022: AED 1,210 per sqft for 2,562 sqft. The villa has 5 registered sales; the first was AED 2,634,146 in December 2007.

What is the rent for villa S03/TH07?

AED 200,000 a year on the contract renewed on 7 April 2016. The previous contract, from April 2015, was AED 200,000; the villa has been rented since November 2012.

How big is villa S03/TH07?

2,562 sqft (238.0 sqm): a four-bedroom villa in The Springs 15, completed in 2004.

What is villa S03/TH07 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on S03/TH07, The Springs 15

Starts from the last sale price (AED 3.1M, 4 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

Plus AED 135,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →